Nikola names Michael Lohscheller as next CEO


FILE PHOTO U U.S. Nikolas logo is pictured at an event held to present CNHs new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin Italy December 3 2019. REUTERSMassimo Pinca

FILE PHOTO: U U.S. Nikola's logo is pictured at an event held to present CNH's new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, December 3, 2019. REUTERS/Massimo Pinca

(Reuters) - Nikola Corp said on Wednesday that Michael Lohscheller will take over as the electric-truck maker's chief executive officer when Mark Russell retires on Jan. 1 next year.

Lohscheller, who joined the company in February, will take over as president from Russell and join Nikola's board effective immediately, the company said.

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